Iranian Gas Exports to Iraq to Hit $3.7 Billion

The National Iranian Gas Transmission Company has announced that 100km of pipeline has been completed on the Iranian side of the border, part of a planned 270km network to take gas to power stations near Baghdad.

The project is part of a deal signed between both countries in 2013, whereby Iran would export gas from the South Pars field. Some analysts note that if Iraq had been on schedule with its planned elimination of flared associated gas, for treatment and use in power stations, there would be no need for imports.

Dear Simon,
I did not find any mention to the $3.7 billion, or when the remaining planned 170km on the Iraqi side would be completed in the text of your contribution. Moreover, what are the premises for this amount of money.
Further and more elaborations on this matter are highly appreciated.
Best regards
Ahmed Mousa Jiyad,
Iraq/Development Consultancy & Research,
Norway.
21 April 2016